News archive from 19 April 2017, page 4

200 jobs axed as Burberry offloads make-up division: Luxury brand to license beauty operations to...

Burberry has told up to 200 staff that their jobs could be axed as it sells its perfume division to a US cosmetics group, the Mail can reveal. The luxury brand is licensing its beauty operations to Rimmel-maker Coty, which is paying £130million for...

 

DAILY BRIEFING: Indian tycoon Vijay Mallya arrested in the UK over fraud allegations

FRAUD ARREST Indian tycoon Vijay Mallya has been arrested in the UK over fraud allegations in his home country. Mallya, 61, co-owner of the Force India Formula One team, faces fraud charges linked to the collapse of his airline, Kingfisher.  At a...

 

CITY DIARY: Toadying PR man Roland Rudd cosies up to Lib Dem leader Tim Farron

Toadying PR man and vociferous Remoaner, Roland Rudd, appears to endorse the Lib Dems in June's General Election, retweeting a plea to voters by party leader Tim Farron.  Despite close relations to both New Labour and David Cameron, a much-craved...

 

Beware holiday money trap as pound recovers: Firms not offering the same rates in store as they do online

High Street shops advertise cheap rates for travel money online — then hit people with higher rates in store. Holidaymakers planning a trip to the EU will benefit from the rising value of the pound. But a study found only two of 12 foreign currency...

 

DAN HYDE: Speak up Nationwide, what are the plans for Britain's biggest building society?

You have to admire Paul Pester, the boss of TSB. It takes a brave man to attack his own industry. He's spot on to call for an overhaul of the personal loans market, where customers face a £400 million rip-off. As a consumer champion that has always...

 

Complex rules mean 100,000 people have paid too much tax on their nest eggs

Complex pension tax rules have left thousands of savers out of pocket. About 100,000 people who have cashed in pensions since 2015 are thought to have paid too much tax. Savers can take out 25 per cent tax-free, but must pay income tax on the rest....

 

Student loan costs set to rocket from 4.6% to 6.1% as inflation soars

Student loan costs are to jump from 4.6 per cent to 6.1 per cent in September as a result of soaring inflation. The hike means many students will see debts grow by more than £3,000 a year. Thousands are leaving university with debts of £50,000 or more...

 

Some 51,000 children denied free care with a fifth of all nurseries planning to opt out of a Government scheme

A fifth of all nurseries plan to opt out of a Government scheme to offer 30 hours of free childcare. About 51,000 children will be unable to get a free nursery place as a result, says the National Day Nurseries Association (NDNA). Ministers pledged to...

 

Super-cheap five-year Atom mortgage set to end - a week after its launch

A bank offering the cheapest five-year mortgage deal will today decide whether to ditch the deal — a week after its launch. Atom Bank, whose customers need a mobile app to access its deals, is offering five-year, fixed-rate mortgages from 1.29 per...

 

Exposed: The mind tricks crooks use to steal your life savings and how to protect yourself

Fraudsters don't usually have a degree in psychology, but they know every mind game in the book. If we make the mistake of believing we're too clever to be taken in we will only become more vulnerable. In recent weeks, Money Mail has revealed how...

 

Mouldy homes, unaffordable rent and eviction threats trigger anxiety for one in five people

Mouldy homes, unaffordable rent and eviction threats are triggering anxiety for one in five people, a charity has warned. In the worst cases, housing issues lead to suicidal thoughts or long-term mental illness, according to Shelter. 'Every day we...

 

How to get a loan without ruining your credit rating: Banks refusing to reveal rate and using 'underhand...

A damning report on personal loans yesterday found families face a staggering £400 million rip-off from the 'broken' market. Banks are damaging borrowers' credit ratings by refusing to say what interest rate you'll receive until you've applied and are...

 

Santander says its fraud flaw is fixed after we exposed the weaknesses con artists were exploiting to raid...

Santander has fixed a flaw in its online banking after it was exposed by Money Mail. As we went to press last night, the bank confirmed it has changed its systems to protect customers following our investigation. A week ago, we revealed con artists...

 

Car loan crackdown amid fears 'irresponsible' lenders are offering deals to people who can't afford the...

Drivers could find it more difficult to secure car loans after the City watchdog launched a crackdown on risky deals. The Financial Conduct Authority is worried that 'irresponsible' lenders are offering finance deals to people who can't afford the...

 

How I went to war with TalkTalk - and won: Fed up of being fobbed off by foreign call centres, SAM...

My David and Goliath battle with TalkTalk started innocuously enough two-and-a-half years ago when I picked up the phone to another cold call. On the end of the line was a TalkTalk saleswoman who offered an upgrade to our home broadband. We would pay...

 


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